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John Delaney ๐บ๐ธ @JohnDelaney
Costs of inflation: It reduces worker's purchasing power, and The Fed's response to it will/has raise unemployment to ~6% (which means 3-4 million will tragically lose jobs) + wiped out $9 trillion of stock market value + soon wipe out $3-5 trillion of US home equity value — PolitiTweet.org